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here is a big quesion, I hope there have some professor can help me resolve this quesion. Page 4A B. (10 points) If the coefficient

here is a big quesion, I hope there have some professor can help me resolve this quesion.

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Page 4A B. (10 points) If the coefficient in front of PDR (which is 3.5 in the above equation) increases (e.g. to 5), what happens to the Vacaville Blue's profit maximizing quantity and why? DO NOT recalculate the equilibrium - explain qualitatively what happens and why.Page 3A Question 2 -Solano Cheese (40 points) Your company, Vacaville Blue (VB), produces a blue cheese made from cows that graze locally. Your competitor, Dixon Roquefort (DR), produces a similar blue cheese but they source their milk from a producer in France. Your company has a marginal cost of production (MCvB) that is constant at $2.50 per unit. Because DR imports their cheese from the Bertrand Company in France, their marginal cost (MCDR) is higher at $4.00 per unit. The demand curves are: QVB # 900 - 2PVB + 3.5PDR QDR = 1200 - 4PDR + 0.5PVB A. (30 points) What price should each firm charge? What quantity will each firm sell? Write your responses within the given white boxes. desk zol com

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